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$645,000

1955 County Road 2281, Cleveland, TX, 77327

$838,500 ARVInfo
On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths1 Bath
Baths3,200 Sq Ft
price_per_sqft$201.56 / sqft
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms 1Bathrooms 1

Exterior

Lot Size12.08 acres

Building Information

Year Built2008
Stories1
Garage Spaces4

Land Information

APNR26103
SubdivisionIg&N-36
Land UseCommercial
Legal Description000296 IG&N-36, TRACT 5, ACRES 12.077
Census Tract700400
Assessed Land Value$202,340
Assessed Improvement Value$207,770
Assessment Year2025

About this property

Are you dreaming of acreage in the country? Located in a prime setting, you will find this beautiful 12-acre tract complete with a peaceful pond. While the majority of the property is cleared, small pines dot the landscape to give it a true, scenic feel. A sturdy, built-up rock driveway leads you straight into the property. At the heart of the land sits a massive 40x80 Mueller metal building on a durable 6-inch concrete slab. It features four roll-up doors on the front and three roll-up doors on the back. The structure is tall enough to pull a large RV inside for storage and drive straight through to the back for easy entry and exit. Originally designed as an automotive shop, this building easily converts into a massive, multilevel barndo. Toward the back right corner, you will find an office space and a full bathroom that is ready to be finished out. Whether you want to run a business or build your full-time country home, this property is primed and ready. Shown by appointment only!

Investor Tools

$0Estimated Mortgage Balance
$410,110Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$838,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,870 /month
Positive
Cash Flow Estimate:
$1,290 /month

Interested in this property?

Tommy Bowen

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,958
$410,110
2025
$202,340
$207,770
$410,110
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,958
$410,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$410,110
100%
0%
$0/mo

City: Cleveland